Tweet of the Night:

[applegrove]

Link to tweet

[Wounded Bear]

1. We need competition...or regulation...nt

[rurallib]

2. that's the tweet of the month

How precarious our economy is anymore.

[Fiendish Thingy]

3. It seems to me that the executive branch could bring anti trust action against monopolies

But that would require tremendous political courage, as it would surely enrage the companies, who would then retaliate by giving millions to the fascists who would such court actions.

[BadgerMom]

8. A second term for Biden could engender lots of courage.

[thesquanderer]

9. But if there are 3 or 4 major suppliers, it's not a monopoly.

Proving collusion among them could change things, but in reality, collusion often effectively happens without anyone technically colluding, just by having everyone regularly move to maintain their relative pricing status relative to the market leaders.

But back to the point at hand... Consolidation has been going on for a long time, and there are probably 3 or 4 companies controlling the majority of EVERY major business sector.

[Fiendish Thingy]

15. I believe anti trust action can be taken even if there is more than one company

The railroads come to mind for past cases.

[ymetca]

4. This coupled with

elaborate global supply chains exploiting cheap labor, all to placate a tiny class of shareholders controlling the world economy, and passing that accumulated wealth onto their ne'er do well offspring, destined to fuck it up even more.

Next step --killbots and pan-surveillance for the masses!

What could possibly go wrong?

[TeamProg]

5. K&R Thanks for posting. n/t

[mrsadm]

6. Absolutely! Look at this graph - it tells it all!

[link:https://www.good.is/money/food-brands-owners|

[applegrove]

7. Crazy.

[IronLionZion]

13. They give the illusion of competition

Some of the organic ones deliberately hide their parent company to avoid association with junk food

[Skittles]

10. love love love that gal

SHE GETS IT

[dchill]

11. We'll, there does seem to be a little room in the cereal market...

...so there's that. Somebody needs to get crunching.

(JK - this is serious shit.)

[IronLionZion]

12. Sounds like oligarchy

Shall we start seizing yachts and mansions?

[Ziggysmom]

14. So much of what they push is unhealthy, too. Buying fresh, unprocessed food is the best,

but unfortunately not affordable or even available to all people.

[In It to Win It]

16. The thing about all of these industries is that

they all are shitty businesses when they’re small. That’s why you don’t get a lot of new entrants in these spaces with potential to build into a bigger player.

[czarjak]

17. We need Jesus to take the wheel from those bloodsuckers.

[Jack the Greater]

18. Bring back Loma Linda and Wheatabix

... or are they still here?